payments made directly to indian oil corporation for petrol use in school
how to make entry in tally
Menu
Entry in Tally
Replies (2)
In your accounting software create a ledger
indianoill company
if indianoil is providing invoice then create that invoice.
then pay....
indianoill company
if indianoil is providing invoice then create that invoice.
then pay....
Steps:
1. Create IOC (Under sundry crs group)
2. Fuel Ac(under Indrect exp head)
3. Bank name ledger ac(Under Bank ac)
A. Book Fuel expe
FUel ac......dr
to IOC...............Cr
(Being Fuel purchasse.....bill no)
B. Payment to IOC
IOC ac........DR
To Bank ac............Cr
(Being Payment made to IOC against Bill no...)
Recent Threads
- Income tax intimation -AY 24-25
- Tax Implications of Alumni Union (R) under Society
- Heard & Seen Around – Your Daily Economi
- Purchase and sales of Shares entry in Tally
- Where to know latest GST HSN Codes and their Rates
- Hsn code and rate cnsl crude oil
- Clarification required on taxation of income from
- Pension Income up to Rs.1,66,250 per month equal t
- Reappointment of Managing Director in a private li
- VAT deducted by Saudi company
Related Threads
CAclubindia
